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GILEAD SCIENCES, INC. — Director's Dealing 2015
Nov 4, 2015
29828_dirs_2015-11-04_c19ba71f-0ea2-4e41-b223-734ad829eb10.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: GILEAD SCIENCES INC (GILD)
CIK: 0000882095
Period of Report: 2015-11-02
Reporting Person: Carter Paul Rutherford (EVP Commercial Ops)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-11-02 | Common Stock | M | 184 | $26.99 | Disposed | 48967 | Direct |
| 2015-11-02 | Common Stock | M | 1816 | $40.56 | Disposed | 50783 | Direct |
| 2015-11-02 | Common Stock | S | 2000 | $108.3560 | Disposed | 48783 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-11-02 | Non-Qualified Stock Option (right to buy) | $26.99 | M | 184 | Disposed | 2018-07-30 | Common Stock (184) | Direct |
| 2015-11-02 | Non-Qualified Stock Option (right to buy) | $40.56 | M | 1816 | Disposed | 2023-02-01 | Common Stock (1816) | Direct |
Footnotes
F1: The exercise and sale transactions reported in this Form 4 are made pursuant to a Rule 10b5-1 trading plan.
F2: The options have a five year vesting schedule. 20% vest on the first anniversary of the date of grant. The balance will vest 5% quarterly thereafter until fully vested.
F3: The options have a four year vesting schedule. 25% of the options will vest on the first anniversary date of the grant. The balance will vest 6.25% quarterly thereafter until fully vested.
F4: Sale prices reported for the transactions reported here range from $108.33 to $108.42. Full information regarding the number of shares purchased or sold at each separate price will be provided to the SEC, the issuer or its shareowners upon request.